Abu Dhabi Pension Fund, a state-run pension fund, completed the acquisition of 31% stake in Abu Dhabi Energy Real Estate, a real estate holding company, from ADNOC, a diversified and integrated group of energy companies, for $900m. “The creation of our real estate investment partnership with Apollo last year enabled ADNOC to monetize its non-oil and gas strategic infrastructure assets and reinvest the proceeds into our core business to deliver further growth. The partnership structure continues to ensure that ADNOC maintains full ownership and control over our real estate assets, while further strengthening our balance sheet and allowing for greater capital flexibility," Sultan Al Jaber, ADNOC CEO.